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alim_97
Feb 5, 2017 6:05 PM

USDJPY Short

U.S. Dollar/Japanese YenFXCM

Description

Descending channel and with dollar weakness it looks like it's heading for 110 which could be the next turning point for the dollar. As soon as 112 breaks we should see 110 quickly but it's been stuck around this price for a while so we'll see how it plays out. Stops above TL, 50 EMA & 50 FIB.
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